Re: Ethanol
As the price of oil goes up so does the cost to produce goods outside the U.S. I think we are seeing some adjustment simply because the Arab world is beginning to realize they are de stabilizing all the third world countries by forcing production of goods back to the U.S. In the long this could be dangerous to the health of the Araab world. Could the pendelum be swinging back the other way or are we just ending a peak demand cycle? Are we just waiting for the holidays to see another round of price increases as the demand increases?